Inflation is the increase in the prices of goods and services across an economy. When prices inflate, you need more money to buy the same things. The opposite of inflation is deflation, when prices are lower across a range of goods and services.
James Howell, a 17th century historian cum writer was the first writer to earn his living from writing alone in the English language; other writers of those times pursued writing as a hobby, not a profession as writing alone never paid enough.
Katharine Lee Bates is credited as the first person to include a wife in the picture or idea of Santa. Katharine Lee Bates is also responsible for the song âAmerica the Beautifulâ, however that is not relevant. In 1899 she published a set of books, and in those books was a picture of Mrs. Claus.